7 Financial and Legal Resolutions for the New Year
As the year comes to a close, many families reflect on their health and finances. But one area that often gets overlooked in the New Year’s resolution list is estate planning. A few simple resolutions can protect your loved ones, minimize taxes, and give you peace of mind for the year ahead.
7 Resolutions to Strengthen Your Estate Plan
- Review your will or trust to ensure it still reflects your wishes
- Update beneficiary designations on retirement accounts, annuities, and insurance policies
- Refresh your powers of attorney to confirm your chosen agents are still the right people and you’ve given the right powers
- Discuss your plan with your family to avoid surprises or conflicts later
- Organize important documents so your loved ones know where to find them
- Review long-term care planning strategies in case illness or incapacity arises
7. Schedule an estate plan review with your attorney every 3–5 years, or sooner if life changes occur
Why This Matters
Without regular updates, even the best estate plan can become outdated. Laws change, relationships shift, and assets grow. Keeping your plan current ensures that your wishes—not the state—control what happens.
A Fresh Start for the Year Ahead
The New Year is a time of renewal and preparation. By committing to these resolutions, you’re not only protecting your assets—you’re giving your loved ones the gift of security and peace.
At Pettis Webber Pacific, we’re here to help families across Washington and Oregon take the first step toward a stronger, more confident future.
Make estate planning part of your New Year’s resolutions this coming year. Click here to schedule your consultation today.